At present the high flux research reactor FRM-II is under construction in G
arching, Germany. As part of the first set of instruments, a triple axis sp
ectrometer is under construction at the cold source in the reactor hall. Th
is instrument will be mainly used to study inelastic magnetic phenomena in
condensed matter physics. Besides an unpolarized beam setup, PANDA is equip
ped with devices allowing full polarization analysis. This instrument large
ly profits from its vicinity to the reactor, and uses state of the art neut
ron optics. Thanks to the large focusing Heusler monochromator and analyzer
the neutron flux of the polarization setup will be of the same magnitude a
s that of an unpolarized beam at a high flux reactor. The accessible energy
and Q ranges will be extremely large due to an advantageous flux distribut
ion of the cold source and a particular construction of the beam tube and t
he biological shielding which contain supermirror neutron guides. A resonan
t spin echo device, used to perform line shape analysis of dispersive excit
ations, will complete the extensive array of equipment, available on PANDA.
(C) 1999 American Institute of Physics. [S0021-8979(99)21708-2].